SOLD 04/23/2024
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Home sold for $2,600,000 in 245 days
4957 W Melrose Los Angeles, CA, 90029
Off the market 6 beds 5,004 sqft
Sitting in a 13,000 Sqft of a flat Lot, this compound estate is located in a pocket area in Melrose Hill. Facing the Hollywood sign, Griffin Museum and 5 min away from Paramount Studio. This property has to offer the Main unit with a Mother-In-Law Suite and 1detached unit. The Main duelling is a two story home with over 4,000 Sqft living space. It features 4bed which 2 of them are Masters bedroom, 5 1/2 bath and a mother-in-law suite. Second floor includes aMother-in -Law suite with 1 bed,1 full bath, private entrance and private balcony. This is an Historic neighbourhood, family friendly, it's a private location, the property is located at the end of the cul-de-sac and its completely fenced. The detached Unit 4959 has to offer approximately 1,000 Sqft of living space, 2 bed & 1bath, private balcony with bbq area and front patio facing as well the Hollywood sign. At the moment both of the units are successfully rented. Main unit 4957 is rented with 1 year lease at $11,000/Mth; Detached unit 4959 is rented month to month at $3,750/Mth. This property is certainly generating monthly rental income. It could be a great fit for that owner who wants buy a great house, with a large lot and privacy. While living the Hollywood life, the lucky owner is able to pay his mortgage with rental i
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Property details
5,004 sqft interior area
Property type
Home
Interior area
5,004 sqft
View
Hills
Land area
13,068 sqft (0.30 acres)
Price per sqft
$519/sqft
Address
4957 W Melrose, Los Angeles, CA, 90029
City of California
Los Angeles
County
Los Angeles
Sold price
$2,600,000
nr.of parking places
8
Year Built
1995
District
Listing
Open Houses
No upcoming open houses
Interior Features
8 parking places, Wood floors
Beds
6
Floors
Wood
Parking
8
Garage & Parking
Other
Laundry Features
In Garage
Heathing & Cooling
Central Air, Central
Amenities
Other
Listed by
Alessandra Ferracuti, Compass
Name
Alessandra Ferracuti
License number
02053258
Brokerage company
Compass
MLS #
CL23314766
Buyer agent
Name
Datashare Cr Don't Delete Default Agent
Brokerage company
Datashare CR Default Office Don't Delete
Payment calculator
Calculate your monthly payments
Mortgage
$7,983
Taxes
$0
HOA dues
$0
Mortgage
$520,000 / 20%
2.28%
30 years
Your amount
$7,983 / month
Lot details
TMK #5535028026
Parcel nr.
5535028026
90029 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90029
38%
Families with children
National average: 39%
55%
Non family households
677,006
Population
$82,080
Average Income
Age & gender
Median age 36 years
More info
Commute types
69% commute by car
More info
Education level
29% have bachelor education
More info
Number of employees
1% work in retail trade
More info
Vehicles available
50% have 1 vehicle
More info
Vehicles by gender
50% have 1 vehicle
More info
Housing market insights for
$1.64m
Neighborhood average
sales price*
sales price*
$1.3m
Neighborhood median
sales price*
sales price*
678
Number
of sales*
of sales*
Housing type
38% are apartments
More info
Rooms
41% of the houses have 2 or 3 rooms
More info
Bedrooms
39% have 2 or 3 bedrooms
More info
Owners vs Renters
81% are renters
More info
17.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Withdrawn Jan 20, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 20, 2024 | Withdrawn | $2,475,000 | 494.6 | MLS #CL23314766 |
| Jan 13, 2024 | For sale | $2,475,000 | 494.6 | MLS #CL23314766 |
| Nov 17, 2023 | Temporarily Withdrawn | $2,475,000 | 494.6 | MLS #CL23314766 |
| Oct 8, 2023 | Price Decrease | $9,750 -2.5% | 2.44 | MLS #CL23288619 |
| Aug 23, 2023 | New Listing | $2,475,000 | 494.6 | MLS #CL23314766 |
| Aug 23, 2023 | New Listing | $2,475,000 | 494.6 | MLS #CL23309931 |
| Aug 23, 2023 | New Listing | $2,575,000 | 514.59 | MLS #CL23306425 |
| Aug 23, 2023 | New Listing | $2,575,000 | 514.59 | MLS #CL23304371 |
| Sep 26, 2023 | Unavailable | $2,475,000 | 0 | MLS #CL23309931 |
| Sep 12, 2023 | Unavailable | $2,475,000 | 0 | MLS #CL23306425 |
| Sep 1, 2023 | Unavailable | $2,575,000 | 0 | MLS #CL23304371 |
| Sep 11, 2023 | Price Decrease | $2,475,000 -3.88% | 494.6 | MLS #CL23306425 |
| Jul 7, 2023 | New Listing | $10,000 | 2 | MLS #CL23288619 |
Taxes of 4957 W Melrose, Los Angeles, CA, 90029
LAR1 zoning / MLS #CL23314766
Zoning
LAR1
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Frequently Asked Questions about 4957 W Melrose
What is 4957 W Melrose?
4957 W Melrose, Los Angeles, CA, 90029 is a single family home located in the city of Los Angeles, California with zipcode 90029. This single family home has 6 bedrooms with an interior area of 5,004 sqft.
Which year was this home built?
This home was build in 1995.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Home?
4957 W Melrose, Los Angeles, CA, 90029.
Are grocery stores nearby?
The closest grocery stores are Smart & Final, 0.23 miles away and Jon's Marketplace, 0.42 miles away.
What is the neighborhood like?
The 90029 zip area has a population of 677,006, and 38% of the families have children. The median age is 36.48 years and 69% commute by car. The most popular housing type is "apartment" and 81% is renter.
Based on information from the bridgeMLS as of 05-05-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 24, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Smart & Final, 0.23 miles away and Jon's Marketplace, 0.42 miles away.
The 90029 zip area has a population of 677,006, and 38% of the families have children. The median age is 36.48 years and 69% commute by car. The most popular housing type is "apartment" and 81% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
